Harris Health Approves Request for $2.5B Bond

The Harris Health System Board of Trustees approved a request for the Harris County Commissioners Court to order a bond election for an estimated $2.5 billion. The purpose of this is to help rebuild and upgrade Harris Health’s Houston facilities that are coming to an end of use and have been operating at near capacity for several years, CW 39 reports.

If the request passes in the November ballot, the bond referendum will provide the funds for the public safety net. Harris Health System Board of Trustees Chair, Arthur Bracey said, “Without immediate public investment, our hospitals and emergency rooms will continue to exceed capacity on a daily basis. We need to act now to address the immediate needs but also prepare for the inevitable growth in demand as Harris County grows.”

The $2.5 billion bond and capital construction package includes several essential initiatives such as the construction of a new Level I-capable trauma center that will replace the current Harris Health Lyndon B. Johnson Hospital, new community-based clinics in areas in need and provide necessary investments into Harris Health Ben Taub Hospital. Read more.

Total
0
Shares
Related Posts
Read More

Alma Raises $130M

Thoma Bravo led the round with participation from Cigna Ventures, Insight Partners, Optum Ventures, Tusk Venture Partners, Primary Venture Partners, and Sound Ventures.